Malacañang is looking at both the possibility of suspending the excise tax on fuel and giving fuel subsidies to the public transport sector amid the soaring prices of petroleum. (Manny Llanes/ MANILA BULLETIN) Thus said Presidential Spokesperson Harry Roque in a virtual press conference Monday,...
An opposition leader in the House of Representatives welcomed on Wednesday, Oct. 20 the recommendation of Energy Secretary Alfonso Cusi to grant his department authority to suspend taxes on fuel to address rampaging increase in prices. Gasoline pump picture Deputy Minority Leader and Bayan Muna...
Senator Sherwin Gatchalian on Thursday, Oct. 14 urged the government to reactivate the government’s fuel subsidy program, Pantawid Pasada Program, to provide relief to the public transport sector that would be affected by the recent oil price increases. Gatchalian said it is important to shield...
The recurring gas restriction dilemma of the Malampaya field significantly accounted for the higher electric bills paid for by the customers of Manila Electric Co. (Meralco) this year. Meralco said that of the aggregate P1.04 per kilowatt hour (kWh) rate hikes implemented in series this year, about...
Unabated rise in oil prices, including the next round that will take effect this week, has worsened the adverse economic effects of the 2019 novel coronavirus disease (COVID-19) pandemic to Filipino families. Asst. Minority Leader and Gabriela Women’s Partylist Rep. Arlene Brosas warned on...
Trade and Industry Secretary Ramon M. Lopez is not considering any price increase on basic necessities and prime commodities while big retailers also opposed price hikes as the economy is in recession. “We have not considered any price increase,” said Lopez as he clarified that although there...
Following a very marginal financial breather last week, consumers will be welcoming the New Year with fresh round of fuel hikes. Industry players estimated that gasoline prices will go up by P0.35 to P0.45 per liter and diesel products by P0.25 to P0.30 per liter. (Mark Balmores / FILE PHOTO /...
